The Lending Club logo appears above the post where it trades on the floor of the New York Stock Exchange in May. On Monday, the San Francisco-based online loan marketplace saw its shares climb more than 15 percent on better-than-expected quarterly results and a $1.3 billion investment from a subsidiary of the National Bank of Canada.

Back in the Club: One of the most famous things Groucho Marx ever said was how he would never want to be in any club that would want to have him as a member. And to borrow from Groucho’s thoughts, for the last six months investors and potential customers have shown a lack of interest in being part of the club that is San Francisco-based loan marketplace Lending Club.

To refresh your memory, earlier this year Lending Club Chief Executive Renaud Laplanche resigned after a slate of improprieties around how some loans were made. Those actions eventually led to the U.S. Department of Justice launching a probe of Lending Club’s business practices.

But on Monday, things may have begun to turn around for Lending Club.

Lending Club’s shares rose more than 15 percent to close at $5.91 after the company delivered a better-than-expected quarterly report and signed up a $1.3 billion investment from Creidgy, a U.S. subsidiary of the National Bank of Canada.

With regards to the company’s results, Lending Club said that for its third quarter, it lost $36.5 million, or 9 cents a share, on revenue of $114.6 million, compared with earnings of $1 million, or zero cents a share, on $116.3 million in sales a year ago. Excluding one-time items, Lending Club lost 4 cents a share, which was better than analysts’ forecasts of a loss of 7 cents a share, on $103.7 million.

Lending Club CEO Scott Sanborn said in a statement that “there is still work to be done” before the company regains the confidence of many investors and banks who use its platform to connect with borrowers. But with a $1.3 billion vote of confidence from the National Bank of Canada, Lending Club may just be on its way to getting back in the clubhouse after months in the doghouse.

Middle Innings:

Professor Ballmer, I Presume: I would never assume anything about former Microsoft CEO Steve Ballmer, but I will bet on this: He has to be the only billionaire NBA team owner currently teaching a class at Stanford University.

And what he is teaching is a class that is based on data he and a team of researchers have gathered on spending in the U.S. over the last three decades. Ballmer. who owns the Los Angeles Clippers, said he is taking all that data and putting it into a project called USAFacts with the goal of making it easier for the average person to understand just what all of our money is going toward.

Eighth Time’s a Charm? After the embarrassment of some of its Samsung Galaxy Note 7 phones exploding is people’s pockets, and then launching a worldwide recall and eventually cancellation of the gadget, Samsung is looking for anything that will give it a fresh shine.

And maybe that thing is something artificial. As in artificial intelligence.

Samsung said it will launch a new artificial intelligence digital assistant as part of its new Galaxy S8 smartphone, which will go on sale in early 2017. Samsung hasn’t given many details about what its AI assistant will offer in terms of services, but with the company needing the S8 to be a hit, maybe its AI will cause users to have amnesia and forget all about the Note 7.

Bottom of the Lineup:

Here’s a look at how some leading Silicon Valley stocks did Monday …

Movin’ on Up: Gains came from FireEye, Imperva, Gigamon, Oclaro and SunPower.

In the Red: Decliners included GoPro, ShoreTel, YuMe, Ubiquiti Networks and Pandora.

Quote of the Day: “It means we’re getting better.” — Oakland Raiders quarterback Derek Carr, following the Raiders 30-20 win over Denver Sunday night. The win gave the Raiders a 7-2 record and sole possession of first place in the AFC West.

Rex Crum is the senior web editor for the business section for The Mercury News and Bay Area News Group. He also writes about business and technology for the publications' print and web editions, and has covered business and technology for nearly two decades. A native of Seattle, he remains a diehard Seahawks and Mariners fan and is imparting his fandom to his Oakland-native wife and two young daughters.

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